By Todd Northrop
Mega Millions lottery players across the United States are pulling out the stops for the Tuesday evening drawing, which now stands as the largest Mega Millions grand prize since August, 2009.
The estimated jackpot of the January 4, 2011 Mega Millions drawing was raised Monday from $290 million to $330 million because of heavier than expected sales in all Mega Millions states.
Likewise, the lump-sum cash value of the massive grand prize was raised to $208.3 million, and increase of $25.7 million from the initial estimate made early Saturday morning.
Lottery players seeking to check the winning numbers Tuesday night are urged to use USA Mega (www.usamega.com). State lottery Web sites are normally brought to a standstill during busy periods, while USA Mega normally remains responsive.
Mega Millions drawing results will be posted immediately after the 11:00 pm drawing at USA Mega. The number of winners and new jackpot will be announced after all participating Mega Millions states have reported their data, which normally occurs within a couple of hours after the drawing.
Tickets will remain on sale typically until 10:45 pm Eastern Time on Tuesday, although players should check with a lottery retailer in their state for the exact sales cutoff time. Players are advised not to wait until the last minute.
If the jackpot is not won on Tuesday, the Friday jackpot may become the largest lottery jackpot in history.
The odds of winning the jackpot are approximately 1 in 176 million. The odds of winning any of the Mega Millions prizes are approximately 1 in 40.
Mega Millions features nine different prize levels, ranging from $2 all the way up to the jackpot. Players can win even if they just match one number — the Mega Ball number.
Most states also offer the Megaplier option for an extra dollar per ticket purchased. The Megaplier multiplies any non-jackpot prizes won by 2, 3, or 4 times, depending on the Megaplier number drawn that evening.
Players who purchase the Megaplier and win second prize will automatically have their prize increased by 4x to $1 million.


WOW - just let me win a part of that ..oooooh boooy
my god, 400+ next draw if it rolls.
Grow baby GROW!
I'll bet if nobody hits this time its gonna be half a billion.
WOW, How exciting is this.
141 million after taxes! I think i can live with that.
You won't believe how many cousins you've got.
i knew it would be above 300, and just above 200 million cash
but 208 m in cash, i understated it a bit rofl
its now the 3 largest jackpot cash wise in history, what a monster we have on our hands
Mega Millions Jackpot for Mar. 6, 2007
$390,000,000
$233,000,000
Mega Millions Jackpot for Aug. 28, 2009
$336,000,000
$210,000,000
and now our current jacktop, is 2 million away form taking #2 spot in biggest cashs jackpot ever in history,
the irs will take a full 35% thro as thats the max rate
Your net payout: $135,200,000 and if you live in a state with income tax also, oh, best check usa mega for your state math added on 35% the irs is taking
if it rolls, it will beat 233m cash world record by a landsilde, it will murder the cap
, i wont even try to guest what it be, but it be will above 270m cash must likly and marketed as 400m + jackpot annuity lol
lotto history is about to be made maybe as todd said
i enjoy these insane jackpot amounts, how would i invest/and spend 135m cash, o what fun it is to have my imagination run wild with the idea
When you are dreaming about this, remember that the tax amount quoted on the analysis page is just a withholding. After they take out takes, you may still need to send in an estimated tax differential. Every situation is different of course.
Good luck to everyone. Just may have to actually buy a ticket this time.
I can't wait for the approximately $135 million EFT after Federal Taxes!
my Grey Violet Bentley will announce a quite grand midlife crisis!
One Ticket ........... One Winner!
.......... don't have to wait in line .......... got my ticket on Saturday!
Good luck to my lottery post friends ............
WOW
bought my ticket hope it's a winner!!!!!!!!!!!!!!!
DREAMS DO COME TRUE!!!!!!!!!!!!
GOOD LUCK TO EVERYONE
I'm thinking the jackpot amount will be bumped up
one more time before the drawing tomorrow night.
The Arkansas Lottery released a statement today indicating that is probable.
Yay! Go Arkansas!
Lottery fever is in full effect -
some people will spend a hundred dollars
or more trying to win this jackpot -
and the winner will probably be someone who spent
$1 on a quick pick
I will be happy if i had won and had to split the jackpot with another ticket holder!!!
Someone explain how it could be bumped up $40 million?
Usually, it is bumped up $10 million.
Sales for the last drawing were $121 million. Sales for this will probably be over $200 million.
I believe the increase is based on projected sales. Someone correct me if I'm wrong.
im right there with you, i dont mind sharing at all, even if it was 4 other people!!!
I have a question. Can a prize by claimed by a trust in the state of Georgia and not have the winner's name revealed?
and you are probably right ...........(so says the king of the 1QP only approach)
if i am meant to win it this time, i will.
and after throwing only 1QP at it, iffin i don't, i will still have alot of money saved that i could have thrown at it, iffin i acted in desperation.
1QP gives me peace.
$100 a draw leaves me saying ......."i can't believe i wasted THAT MUCH money"
all hail the power of the 1QP
I can only hope that will happen because all i buy is a $1 OP
wow... I wouldn't crae if I have to share with 10 people
As long as I get my $342 Million
Before Taxes
During Taxes
and
After Taxes
I will have no complaints.
Anything over MY $342 Million, y'all can have.
May we all be blessed with some cha ching from the next Mega Million drawing.
Wow.....wow.....wow
Went to the local store early to get milk so that I could avoid the lottery lines and I just had to purchase another $1 ticket.
I recall several years ago that I was in line behind a guy that purchased $250 in tickets for the Mega Millions .......... we both lost .......... I only lost $2!
I want to see One Ticket & One Winner ......... the wailing & gnashing of teeth from the greed of envy crowd would be somewhat humorous .............
"you have more than your fair share crowd!?!?!?!"
I could use the money to make a huge impact at some selected schools and charities.
It would be great fun to mitigate the approximately $73 Million in Federal Taxes with some very nice donations to help people with A HAND UP ..... NOT A HAND OUT!
I wish all Lottery Post Members the best !
heres to hoping to get a smallish piece of the beastly prize
if i lived in the states i would play 3QP
3 is my lucky numba :PP
I thought the jackpot might go up to $300 million but $330 million-wow! When I win, forget the champagne and caviar-I'm celebrating with Mountain Dew and hot dogs! Hopefully my tastes won't change and I can still be the same person.
Dang, so the last one was bumped only $5 million (from $237 to $242) and this was a $40 million bump... that's a huge difference.
I hope another person out there has the winning numbers as me, $135,000,000 is a ridiculous take home for one person.
My friend picked up $2Qp from Georgia ,North Carolina and Virginia he spent $6 good luck everyone!!
Doing the rough math . . $208M would be reduced to around $125M after 35% federal and 5% state taxes. That balance invested in a corporate bond fund with a yield of around 5% would generate around $10,000 per day in dividends after 40% taxes.
I'll probably grab a $4 QP. Anybody think it's better to have them all on 1 slip or each individually? I can't wait to drive to Olympia on Wednesday morning!!!
Most jackpot winners have them all on one slip, good luck!
I have some old tickets from PA and KY, they both are $1 QP, im thinking about replaying those QP numbers!
I HAVE A STRONG FEELING THE WINNING TICKET WILL BE SOLD IN THE TWILIGHT ZONE!!!
YOWZA! In the words of Stephan Furst of Animal House.... "OH BOY...This is going to be Great!"
I might just break my rule of playing non-daily-numbers games this one time to have a shot at winning $330 million on my 25th birthday!
im playing a few quick picks and my own numbers and a few numbers that i got from fortune cookies, u never know ;-)
I think one of the reasons the jackpot jumped so much is because many more states offer the Mega Millions game. Not that many people would drive to another state as before but now, if you just have to drive a few miles and know about this big jackpot, it means the jackpots will increase much greater now.
I thought only 1-2 picked it up, all I remember reading on here was the addition of Florida.
Sorry, no. No Mega Millions in Florida. So I guess no one is buying Powerball tickets. The advertised jackpot is 1 million less than its "usual" $35 million.
I remember reading here somewhere, I guess maybe they read something wrong. Oh well I'm not gonna worry about where that extra money comes from.
And ya I can see people not buying PB in favor of driving across the border for MM. I haven't bought PB in a while because of this jackpot.
Yeah, I'm sure that folks in Florida, Alabama, Mississippi, Louisiana, Nevada, Utah, and Wyoming are crossing the borders to buy tickets. Folks from Alabama cross the border into Florida and WIN!
If you think this is a wow, just imagine when it turns over again. If I win this Mega Millions grand prize tomorrow night,I'm going to share some of it with all active Lottery Post members!!!.True believers in the lottery!!!.
nothing speaks LOUDER than 1QP in a fate based "if i am meant to" approach.
afterall, based solely in common sense, no one is really helping their odds of winning in throwing a $100 bill at a game with a matrix field of balls that large, and odds of 176million to 1
common sense recognizes this - desperation disregards it.
there is nothing i can ever do to make it happen, and $1 gives fate it's invitation.
i like that.
no, i REALLLLLLLY like that -------->
Well i went threw every pair of pants, looked under every couch cushion, went threw my vehicle and looked around the the washer and drier and finallt found enough chsnge to go buy a $3 QP. Hope it pays off.
DREAMS DO COME TRUE!!!!!!!!!!!!
There's more than a hundred thousands members, how do you decide which ones are active?
the current state lottery's are swimming in money like scrooge mcduck!
but their 2 main holdouts, who are stubborn not to join mega millions
they are the Louisiana lottery and Florida lottery , they both have powerball, but don't have the brains to join MM ,
their ceo's are arrogant and should be fired for costing their state lotto's money, when jackpots get high, this is when states make out like bandits in a bank
mega millions just like powerball, just under 50% of the money goes right to the state's profits
team work with other states, to share the "prize pool" part of the jackpot, to make sales go sky high, is smartest lottery move EVER, these 2 genius didn't seem to understand why their team work in first place, yet they joined pb and not yet joined mm,
the whole, but it would kill our state lotto games is bull, the fact is mm and pb both bring more sales to a state then sales lost , thats a fact or all the other states would of STOPED
giving players less options so you force them on a fewer options that SUCK is down right retarded
got some news for you 2, the turtle's Don't infact WIN THE RACE , its a lie, and now the no show states can live without the profits!
Florida Lotto took FOREVER to join Powerball. They were concerned that they would lose money in Florida Lotto. Which they have. Florida Lotto is no longer advertised on the Interstate Billboards and the Jackpot now starts at $2 million and slowly creeps upward from there.
Hmm, I think it depends on your perspective. While I am not a person who spends $100 on a given draw, I am not going to knock those who do. Spending $100 does not work for me. I only think it is egregious/unfortunate if a person is spending money he or she does not have just to play. In that regard, it would not matter if he or she is spending $1, $10 or $100 if is not affordable.
But another way to see it is this: you are quite excited that the jackpot is $330 million after the latest $40 million increase. Well, if everyone only bought a $1 ticket as you seem to propose here, then the jackpot would never reach $330 million. If I end up spending $5 or $10 on a very large jackpot, I am always thinking that it takes only $1 to win but that the rest of the money spent helps to increase the size of the jackpot for my potential win. And if I do not win, well, it's not the end of the world. Someone will win. And one day, I, TOO, will win. And in each case, it will have been those individuals who spent more than $1 who will have helped to make the jackpot larger, which then means I, in turn, can have a far greater reach to help others.
There are those who play hard for a big win to help others,then there are those who play hard to win so that they can crawl in their shell and do not give no one a dime!! and live off the fruits of their big win. People will remember you for what you have done not what you had!
(1) you are right, the jackpot would take f.o.r.e.v.e.r. to reach this level at $1 a player. a factual statement
(2) i don't have a problem with anyone throwing any amount of money at it, as it's their personal choice.
i just happen to know you cannot (realistically) increase your chances of winning with a 176:1 odds, so why bother wasting more money than that.
(3) the whole point i was making is addressing the desperation quotient, which greatly increases once the jackpots reach this level, and people lose their minds in the common sense realm -------> "thinking ......"if i just throw an extra $20 at it, then".....
fun, afforded entertainment = good.
let's face it, the vast majority here operate from a place of desperation. some more than others.
let's just say "VISION" is the voice of reason / common sense at a time like this
actually, i will prove my point.......go back thru mega millions jackpot history and my guess (without looking) is overwhelmingly the jackpots were won on QP's, and ticket slips of $5 or less.
For all of you $1 spenders out there, I'm $500 poorer and will probably still be $500 poorer tomororrow night, but it will be fun checking them all.
Wooo Hooo, i thought my $32 was something!!
I'm pretty sure the majority of the jackpots were won mostly on $5 - $10 playslips, considering $10 is the highest they go... Even is you tell the clerk you want $10 bux worth, many of times they hand you 2 $5 slips.
So your assumption is correct
well its doing good for imports over there, cuz i sent money over from australia to buy 5 tickets.
i may not get out of the states alive if i won, but its a risk im willing to take.
You know, I never thought of it like that. Thanks for the new perspective!